vx13 Posted May 9, 2011 Report Posted May 9, 2011 (edited) Hi I was wondering if anyone could create an ATR Trailing Stop Band indicator. It looks like: http://www.incrediblecharts.com/images/png_images/crb_atr_bands.png Below I have attached an indicator that creates either one side or the other of the trailing stop band. I'm having trouble having them plot both sides to create a channel like the above image. Any help would be much appreciated! :D http://[email protected]/BR4PMQZGW4 Edited May 9, 2011 by vx13 minhtri 1
JamatL Posted May 9, 2011 Report Posted May 9, 2011 ATR Bands Easy tweak. hopefully this is what your looking for... http://www.multiupload.com/R00L1EIJR3 shabz, hermes, EasyMoney and 3 others 6
vx13 Posted May 9, 2011 Author Report Posted May 9, 2011 Thank you! Exactly what I was looking for! hermes 1
hermes Posted May 10, 2011 Report Posted May 10, 2011 (edited) vx13 and now give us some instructions how to read that exotic indicator. Thanks Hermes Edited May 10, 2011 by hermes
vx13 Posted May 10, 2011 Author Report Posted May 10, 2011 When you have a sell order, set your stoploss to whatever the red line is. When you have a buy order, set you stoploss to whatever the blue line is. These lines trail behind price to lock in an optimum amount of pips. I use optimum loosely of course. I needed this for an EA that manages my stoplosses (but not my entries or orders).
kmcco Posted May 10, 2011 Report Posted May 10, 2011 you can try tralingator EA. It has been posted on http://indo-investasi.com/showthread.php/12855-Trailingator?highlight=tralingator
PipQueen2 Posted July 18, 2011 Report Posted July 18, 2011 (edited) Can you share this EA STOP Loss that you use? Edited July 18, 2011 by PipQueen2
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